Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Politics

New GOP-backed bill would ban aid to Afghanistan to avoid giving US dollars to the Taliban

by September 23, 2024
September 23, 2024
New GOP-backed bill would ban aid to Afghanistan to avoid giving US dollars to the Taliban

A group of Republican lawmakers is introducing a new bill that would cease all aid dollars to Afghanistan over concerns of interception by the Taliban.

‘The Biden-Harris administration’s disastrous withdrawal has plunged the country back under Taliban rule, and now it turns out that our taxpayer dollars are being used to the benefit of the Taliban,’ Rep. Josh Brecheen, R-Okla., sponsor of the legislation, told Fox News Digital. 

‘This legislation is needed so we can ensure that no more of our tax dollars are being irresponsibly used in Taliban-controlled Afghanistan.’

The House bill is co-sponsored by Republican Reps. Tim Burchett of Tennessee, Ralph Norman of South Carolina, Nick Langworthy of New York, Barry Moore of Alabama, Erlic Burlison of Missouri, Matt Rosendale of Montana and Randy Feenstra of Iowa. 

The U.S. is the largest donor to Afghanistan. It spent a total of $21 billion on the nation and Afghan refugees who have been evacuated since the withdrawal. However, critics say much of that aid ends up in lining the pockets of the Taliban, who they say have taken control of nongovernmental organizations (NGOs) in the country.

The United Nations (U.N.), meanwhile, has flown in some $2.9 billion in U.S. currency cash to Afghanistan since the Taliban seized control, the bulk of that being from funds allocated by the U.S., and at least some of which ends up in the Taliban-controlled central bank, according to the SIGAR report from July. 

The Taliban ‘taxes’ this cash at multiple points of distribution. 

The bill would prohibit federal agencies from giving any direct cash assistance to Afghanistan and prohibit any taxpayer dollars from going to the U.N. for the purpose of assisting Afghanistan. It also prohibits Federal Reserve Banks from selling U.S. currency to the U.N. for the purpose of direct cash assistance to Afghanistan. 

In a briefing to the U.N. Security Council on March 6, Roza Otunbayeva, the U.N.’s special representative for Afghanistan, did not mention the money going to Da Afghanistan central bank but said it was necessary to get medical care and food for Afghans. 

The shipments have ‘injected liquidity to the local economy that has in large part allowed the private sector to continue to function and averted a fiscal crisis,’ Otunbayeva told the council. 

In a letter provided in response to the SIGAR report, the State Department said the U.N. was in charge of managing the cash transfer program. 

‘We remain committed to providing critical, life-saving humanitarian assistance to the Afghan people. We will continue to monitor assistance programs and seek to mitigate the risk that U.S. assistance could indirectly benefit the Taliban or could be diverted to unintended recipients,’ the letter said.

For 20 years prior to the Taliban takeover, Afghanistan received some $8 billion in foreign assistance per year, representing 40% of its gross domestic product and financing three quarters of the government’s public expenditures. When the U.S. and other foreign entities stopped supplying aid, the country fell into an economic crisis – and aid dollars began flowing once again. 

In June, the House passed a bill that would force the State Department to investigate which countries give aid to the Taliban – and also get U.S. assistance themselves. 

It would also force the secretary of state to weigh if those countries should keep getting U.S. dollars and develop a strategy to discourage them from continuing aid to the Taliban. However, that bill did not cease all aid to Afghanistan. 

This post appeared first on FOX NEWS
previous post
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
next post
DP Trading Room: Analyzing Two New Stocks in SP500 (DELL, PLTR)

Related Posts

Top Pentagon official John Ullyot to resign at...

April 17, 2025

Trump officials list 5 weekly accomplishments ahead of...

February 25, 2025

Biden-Harris campaign announces new hires ahead of Super...

February 29, 2024

White House preparing in case Congress makes UNRWA...

March 14, 2024

Expert reveals how companies are rebranding ‘toxic’ DEI...

May 20, 2025

FBI Director Christopher Wray cites increased foreign threats...

April 12, 2024

Trump trial: Jury selection to resume after possible...

April 16, 2024

REBECCA GRANT: America has a drone problem, and...

December 14, 2024

Deep State resistance taught Trump he needed to...

February 18, 2025

Saudi Arabia contradicts Trump, vows no ties with...

February 5, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

      August 15, 2025
    • Schumer claims Trump admin withholding Epstein files, threatens to sue

      August 15, 2025
    • The CEO in chief: How Trump is getting what he wants from big business

      August 15, 2025
    • American history won’t be displayed ‘in a woke manner’ at Smithsonian, Trump says

      August 15, 2025
    • Ulta and Target will end deal for in-store beauty shops next year

      August 15, 2025
    • Armenia and Azerbaijan leaders seek to ease Russian and Iranian concerns after US-brokered peace deal

      August 14, 2025

    Categories

    • Business (1,347)
    • Politics (6,748)
    • Stocks (904)
    • World News (461)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved